Your email has been sent.
Celebree School - Newton, MA 120 Wells Ave 14,230 SF Retail Building Newton, MA 02459 $17,224,533 CAD ($1,210.44 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- TRUE PASSIVE OWNERSHIP WITH ABSOLUTE NNN LEASE
- CONSISTENT ANNUAL RENT INCREASES PROTECT PURCHASING POWER
- PRIME LOCATION NEAR BOSTON’S ECONOMIC CORE
- NEW LONG-TERM LEASE
- STRONG DEMAND FOR EARLY EDUCATION ASSETS IN GREATER BOSTON
EXECUTIVE SUMMARY
The property underwent a comprehensive modernization in early 2024, including refreshed building systems, exterior upgrades such as a resurfaced parking area, and a complete interior transformation tailored specifically for childcare operations. A newly designed outdoor play area further enhances the facility’s functionality and appeal. Located in Newton, MA, just 10 miles from downtown Boston, the asset benefits from exceptional demographics, high household incomes, and strong demand for childcare within a tightly constrained supply of suitable facilities. With its prime regional positioning, full recent renovation, and committed tenant, this property presents a compelling long-term investment in one of New England’s most resilient and affluent markets.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
w
- Beliveau David M Law Office
- Professional, Scientific, and Technical Services
- -
- -
- -
- Cannascribe Wellness Of Massachusetts
- -
- -
- -
- -
- Celebree School
- Educational Services
- -
- -
- Sep 2035
- Edward A Shapiro PC
- Professional, Scientific, and Technical Services
- -
- -
- -
-
- -
- -
- -
- -
Financial Planning Solutions (FPS) is a privately held advisory firm headquartered in New York City. Founded in 2016, FPS provides comprehensive financial planning and investment management services to individuals, families, and business owners. Its offerings include retirement planning, tax strategies, estate planning, and risk management, with a focus on personalized solutions tailored to client goals. Operating from its office at 104 East 25th Street, FPS emphasizes fiduciary responsibility and long-term wealth strategies. The firm serves clients throughout the New York metropolitan area and beyond, leveraging a team of experienced financial planners and advisors.
- Innovative Real Estate Investments
- Finance and Insurance
- -
- -
- -
-
- Real Estate
- -
- -
- -
Robbins Property Associates (RPA) est une société immobilière privée qui combine des capacités d'investissement expérimentées et éprouvées avec une équipe de professionnels des opérations immobilières de premier ordre. Steve et Mitchell Robbins ont fondé RPA en 2009 par l'achat d'un seul actif à Tampa, en Floride. Peu de temps après, Kristi King s'est associée pour gérer les opérations et a créé ensemble une plateforme multifamiliale dynamique et intégrée verticalement entre propriétaires-exploitants. Au cours de la décennie, les entités gérées par RPA ont acheté plus de 21 000 unités (capitalisation totale de 2,5 milliards de dollars), ont géré 8 000 unités par des tiers et ont déployé plus de 750 millions de dollars de capitaux propres dans six États. RPA gère actuellement 1,2 milliard de dollars d'actifs sous gestion, tirant parti d'une plateforme intégrée verticalement dotée d'une expertise interne couvrant les capacités d'acquisition, de financement, de gestion immobilière et de gestion de la construction. RPA possède et exploite actuellement un portefeuille de plus de 5 500 unités en Floride.
- Southworth Development Llc
- Real Estate
- -
- -
- -
w
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Akwa Vista LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Beliveau David M Law Office | Professional, Scientific, and Technical Services | - | - | - | ||
| Cannascribe Wellness Of Massachusetts | - | - | - | - | ||
| Celebree School | Educational Services | - | - | Sep 2035 | ||
| Edward A Shapiro PC | Professional, Scientific, and Technical Services | - | - | - | ||
|
|
- | - | - | - | ||
| Innovative Real Estate Investments | Finance and Insurance | - | - | - | ||
|
|
Real Estate | - | - | - | ||
| Southworth Development Llc | Real Estate | - | - | - | ||
| Tufts Associates | Finance and Insurance | - | - | - |
PROPERTY TAXES
| Parcel Number | NEWT-000084-000034A-000006 | Improvements Assessment | $4,350,107 CAD |
| Land Assessment | $1,412,651 CAD | Total Assessment | $5,762,758 CAD |
PROPERTY TAXES
Presented by
Celebree School - Newton, MA | 120 Wells Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.